JD Cables IPO

About JD Cables IPO

JD Cables IPO is a book-built issue with a total size of ₹95.99 crore. The issue consists of a fresh issue of 52.37 Lakh equity shares, aggregating to ₹79.61 crores and offer for sale of 7.61 lakh shares aggregating to ₹11.58 crores. The IPO opens for subscription on September 18, 2025, and will close on September 22, 2025. 

The basis of allotment is expected to be finalised on September 23, 2025, and the shares are likely to be listed on BSE SME on September 25, 2025. The price band for the issue is set between ₹144 and ₹152 per share, offering investors an entry at different levels. 

The minimum application size is 800 shares, making the minimum investment for retail investors ₹2,43,300 at the upper band. For HNI investors, the minimum lot size is 3 lots, equivalent to 2,400 shares, amounting to ₹3,64,800.

GYR Capital Advisors Private Limited is acting as the book running lead manager, while MUFG Intime India Private Limited has been appointed as the registrar to the issue. Giriraj Stock Broking Private Limited is serving as the market maker for this IPO.

JD Cables IPO Objectives

The company plans to allocate the net proceeds from the issuance to the following purposes:

• Funding working capital requirements.
• Repayment/prepayment of all or certain borrowings.
• Remaining funds will be used for general corporate purposes.

About JD Cables Limited

JD Cables Limited is a leading manufacturer of cables and conductors, catering to the transmission and distribution needs of the power sector. Incorporated in 2015 and later converted into a public limited company in 2024.

It has built a presence in the electrical industry with a diverse product portfolio that includes power cables, control cables, aerial bunched cables, single-core service wires, and a wide range of conductors such as AAC, AAAC, and ACSR.

The company has a manufacturing facility in West Bengal that is equipped with advanced infrastructure, modern machinery, and a fully functional test laboratory, enabling the production of reliable, high performance products. 

The company’s status as an approved vendor for several State Electricity Boards further reflects its credibility in the industry.

JD Cables Limited maintains a robust supply network across multiple states, including Assam, Odisha, Jharkhand, Bihar, Manipur, Tripura, Arunachal Pradesh, Madhya Pradesh, Chhattisgarh, Meghalaya, Mizoram, and West Bengal. This wide geographic reach strengthens its ability to serve diverse clients across power, infrastructure, telecom, and industrial sectors.

As of August 2025, the company reported an outstanding work order book of ₹29,409.46 lakhs, underscoring strong demand and sustained business growth. 

JD Cables Limited aims to expand its customer base while deepening engagements with existing clients. It seeks to build long term partnerships that drive efficiency and growth. With strong capabilities, proven expertise, and a commitment to quality.

Industry Outlook

1. The Central Electricity Authority (CEA) projects India’s power requirement to reach 817 GW by 2030. 
2. By 2029–30, the share of renewable energy generation is expected to rise sharply from 18% to 44%, while thermal energy’s share is likely to decline from 78% to 52%.
3. Government initiatives are playing a pivotal role in shaping the sector. India has set an ambitious target of 500 GW of renewable energy capacity by 2030.
4. The government is also preparing a “rent-a-roof” policy to support solar rooftop installations, aiming to generate 40 GW through such projects.
5. Additionally, plans are underway to establish 21 new nuclear power reactors with a total installed capacity of 15,700 MW by 2031, further strengthening the country’s energy security.

How To Apply for the JD Cables IPO Online?

1. Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
2. Locate the IPO Section: Navigate to the 'IPO' section on the platform.
3. Select IPO: Find and select the JD Cables IPO from the list of open IPOs.
4. Enter the Lot Size: Specify the number of lots you want to bid for.
5. Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
6. Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.

How To Check the Allotment Status of JD Cables IPO ?

Steps to check IPO allotment status on Angel One’s app:

1. Log in to the Angel One app.
2. Go to the IPO Section and then to IPO Orders.
3. Select the individual IPO that you had applied for and check the allotment status.
4. Angel One will notify you of your IPO allotment status via push notification and email.

Contact Details of JD Cables Limited

Registered office: Arch Square X2, 14th Floor, 1401, Salt Lake Sector V, Near College More, Sech Bhawan, North 24 Parganas, Salt Lake, North 24 Parganas district, West Bengal, 700091.

Phone:+91 7439864020

E-mail:compliance@jdcables.in

JD Cables IPO Reservation

JD Cables IPO Lot Size Details

JD Cables IPO Promoter Holding

Mr. Piyush Garodia is the company promoter.

Note: Equity dilution will be determined by subtracting the Shareholding Post Issue from the Shareholding Pre Issue.

JD Cables IPO Anchor Investors Details

Key Performance Indicators for JD Cables IPO 

JD Cables IPO Prospectus

• JD Cables IPO DRHP
• JD Cables IPO RHP

JD Cables IPO Registrar and Lead Managers

JD Cables IPO Lead Managers

• GYR Capital Advisors Private Limited

Registrar for JD Cables IPO 

MUFG Intime India Private Limited

• Contact Number: +91-22-29186270
• Email Address: jdcables.smeipo@in.mpms.mufg.com
• JD Cables IPO Registrar: https://linkintime.co.in/Initial_Offer/public-issues.html